Foreclosure Prevention Awareness Initiative

With unexpected circumstances, increase in cost of living and the turbulent economy, more and more families are finding themselves unable to manage their monthly income. Cities across the country are taking proactive measures to educate their citizens on foreclosure prevention resources so that more families stay in their homes and their communities continue to flourish and grow.

The City of Carson is committed to helping Carson residents navigate through the overwhelming information and provide reliable resources that can assist our community through these challenging times.

The Carson Foreclosure Prevention Awareness Initiative (CFPAI) is a campaign created to raise awareness of existing options for those at risk of foreclosure, but also highlights tips and smart decisions that may help prevent foreclosure in the future.

The moment you realize you cannot make your mortgage payment is the moment you should contact your lender. Educate yourself on options available for your circumstance. There are various solutions that can assist you:

Private firms frequently compile and sell lists of foreclosed properties and borrowers who have received a Notice of Default (NOD). With these lists, scammers will target persons by mail, telephone, email and/or various media outlets.
Beware of the Top 10 “Red Flag” statements made by loan services and/or “foreclosure consultants”:

“Pay us $1000. We will save your home”

“Trust me! I can guarantee I will save your home”

“Sign over your title to us and you can stay in your home while you pay off your debt”

“Stop paying your mortgage, we will handle it directly”

“Ignore your lender. We will deal directly with them to save you frustration, time and energy. We can speak their language.”

“Your lender never had legal authority to make your loan, so you don’t need to pay it back”

Uses government affiliation to persuade credibility.

Pressures you to go with their offer or file bankruptcy without describing solutions that fits your specific situation.

Claims to be honest because he/she is the same religion, race or ethnicity as you.

SB X2 7 “California Foreclosure Prevention Act” (CFPA) establishes a ninety-day moratorium on foreclosure for any lender that does not have an aggressive program for affordable loan modifications.

Civil Code Section 2945 “California Foreclosure Consultant Act” regulates “foreclosure consultants” and prohibits them from collecting any advance fees for mortgage modification services if a Notice of Default has been recorded against their property.

Redemption Period (Last Chance) is a period after your home has already been sold at a foreclosure sale when you can still reclaim your home. You will need to pay the outstanding mortgage balance and all costs incurred during the foreclosure process.

Rental Resource. Find affordable rentals and special needs housing. Get Help

Homeless Services: People Assisting the Homeless Program (PATH) is a regional agency providing services to homeless individuals throughout Los Angeles County.
Phone (323)644.2206

The information contained in this web site is provided for personal, noncommercial, and informational purposes only. The information is not intended as legal advice nor does it necessarily reflect the opinion of the City of Carson, its elected or appointed public officials, employees, officers, agents, or any of its attorneys, consultants, or vendors. While the City of Carson endeavors to update the information in this web site periodically, additional facts or future developments may affect such information and no warrantee or guarantee is given (either express or implied) that the information is correct, complete, or up-to-date. The information on this web site is not legal advice and is neither intended to constitute, nor does viewing of the content of this web page constitute, the proffering or giving of legal advice. Seek the advice of an attorney and/or a HUD-certified counselor before acting or relying upon any information in this web site.